Needless to say as soon as I got long big, she turned south,
she is eating away at a weeks worth of nice PP (pips profit).
I am about to close this laptop and kick her to the curb for the weekend.
Maybe Sunday she will open gap up UNTIL she sees my 11 LONGS!
Donāt tell me she isnāt deliberately dissing me here. I know her better than that. We are making progress, but she has to play according to the rules
sadly. Why is the PPT selling yen and buying pound? Who lost $ yesterday in the stock market? WHo didnāt lose $ in the stock market yesterday?
I dont expect her to head back to the south pole for the winter. But her movement defies logic, charts, ecnomics, and any valid basis to support current movements other than a bunch of CORNFED<CORNFUSED.traders.
Rice will prevail in the long run over corn!
I am scared to get long here and scared to get short!
Everyone is at work? Or so busy trading they cannot take their eyes off guppy for fear of what she will do to them while they are not watching.
I sure would like to go short here. But maybe she is just stalling for the next leg up. She IS wild today!
[B]āIf you fail to plan, you plan to fail.ā[/B]
Origin Unknown
I dont have any longs and short seems logical at this point but perhaps it is time to call it a day!
Maybe I need to wait for a break of 195.00 to go short
Would have been nice to be short from 197.00!
If itās of any joy You are not alone. :eek:
Looks like fat cats came back to markets, pour it into carry, bought shares. Afterall itās gonna be me and You and everybody else on this forum who pay for their joy and their poodles tariners from taxation-suckers:mad:
Retracement got to 38 Fib, she may have a mad run to 50Fib, that wouldnāt be much of a suprise.
Outlook has been changed for a while, till the next sceleton is gonna fall out out of the closet and do āPIKA BOOOā.
Iāve played short from 197 for a nice closing 100pips move down. I donāt know what to think. She looks like wants another mad run up to 50% at 200.10. I will be shorting her every 100pips and playing runs up as well - so try this hedging thing. Till she screams through 204.00 itās still called retracement.
However I have seen her weekly candlestick and she bottomed with double tweezers so for sure she has full metal jacket cause she goes to Rio Grande.
Tweezers on weekly, bears running out of steam ( probably regrouping).EMAs all stacked down, but STO curling up. $ @ 5 ema (previous support).
On the daily-$ > 18ema and 3 Xd > 18
Upper BB and 50 ema @ approx 199 could be next resistance.
I agree that this is just a retracement. ( but I need her to get to 204 to close out 2 longs that plaque why useable margin.
My good freebie charting service finally downloaded todayās numbers.
Daily down trendline (09/8-12) broken. I am looking for a target $ projection at about 199 ( which is 61% fib retrace).
Daily STO 8/40 are going up. MacD going up (but still < H2O line.)
Bears are regrouping.
I truly hope that all is going as well as can be expected for you and your family following Ikeās passing.
I am humbled that I have been calculating pip profit/loss while you have suffered more personal losses.
'
As long as you and your family are well- then I am certain that the G/Y community will assist you in recovering any losses as a result of Ike (wrt super technical analysis).
Thanks. Keep doing what youāre doing. Things go on everyday and we have to keep moving forward. Nothing wrong with that.
My family and I are ok. We had many comforts taken away from us but that is nothing compared to many around here that have lost everything.
guppy is currently 196.95 on the ASK so we are about at the same place as where we closed.
Friday I was expectinbg to be open gap down today at 4PM EDT, After the weekend and talking to dad, I expected guppy to gap up huge.
Thursday and friday guppy rallied as she went with the dow, the reaLITY OF THE MATTER IS THAT the NEW GOV BAILOUT NEWS leaked out thursday and friday enough in detail to drive the dow up 700 pooints or so thurday and friday. Now the bush says THEY ARE bailing out all the bank who hold bad paper to the tune of about 700 Billion, total tab is over 1 trillion counting prior
similar and or related bailout.
What this bailout will do is give almost ALL BANKS NEW money for bad loans
which the GOV is going to buy. So market manipulation has been caused by an ignorant government who has been ripping us off so long that they figured they owed it to us to bail us out with OUR money that they have robbed us over the years.
So guppy is going to be whippy today I think and different folks react to the news differantly. This shady weekend behind closed doors deals again will get some folks when the market opens.
It is only 1230PM EDT here so I have 3.5 hours until open for me.
And there is no telling where she will go before then, but she is going to be VERY wild, watch out. But based on the feds back room dealing over the weekend, it loks like the guppy is going to be ALIVE AND WELL TO MOVE ANOTHER Big LEG UP.
And I have 12 1K lots short, and guppy rose so much thurs ands fri that I had to add a hedge to cover my shorts which got filled friday before close.
I am back to the 12L and 12S BLAH!
I will watch the guppy all afternoon and should she make any wild moves I will let everyone know. Right now she hasnāt really moved much todAY.
But once Sydney opens, she should rock on up and I expect to have a huge gap up, I hope everyone is smarter than me and only holding longs from down around 190.XX which is where I started going short BLAH!!!
UJ 107.48 on the ASK NOW
GU 183.20 on the ASK NOW
GJ just hit 197.00 on the ASK NOW, I think this guppy coudl easily run up several hundred pips and she may or may not look back and or GO back down.
SO for now I will remain long and short and pay interest everyday until guppy is allowed to run wild unrestricted by market manipulators, PPT, FEDS,
or whatever you wanna call those losers,.
UJ is NOW 108.00 on the ASK
well our government has banned this weekend, for the time being, the ability to go short and buy stocks back at a lower price, as they fear that is driving price down:eek:
as for forex well, that is being manipulated by fedsā¦that is why guppy is up,
I wish the feds would come and bail me outā¦a 100000 loan should do the trick for the time beingā¦i would let them know from there when i need more:D
196.28 on the bid arg! Wish my long hedge didnt get flled before firdays close I should have set it higher but the higher I set it the more drawdown
I get.
196.02 on the ask now.
Time to get shorter I think!
I think if we can close this gap and get thru the 200 level cleanly, then we have the green light to go long at least to 205-210. I spend a great portion of time analyzing weekly charts of pairs I trade, and it has proven very useful in my trading.
And as a Disclaimer, Iām not saying this is going to happen for sure, just that if event A and event B happen together, my analysis suggests event C is more likely to occur. Thanks to all, hope this helps you guys out!
Truly great that you and yours are ok physically. Hope that you guys are also ok emotionally ( living through these disasters is a hang of a thing).